** Next and Marks & Spencer two of thebiggest fallers across Europe as Next warns warm weather couldhit FY profits.
** Down 3.5 pct & weighs on close rival M&S whose sharesdrop 3.2 pct. M&S now down 21.2 pct since Feb highs.
** Next & M&S are third- and fourth-biggest fallers on Stoxx600, with Next the most actively traded across Europerelative to average volumes.
** Next says if warm weather persists through Octoberprofits before tax to come in at lower end of co's forecast, orabout 3% below analysts' forecasts, per StarMine.
** One broker says similar situation on warm weather hurtingretailers late in the year last happened in 2003.
** Next's biggest one-day fall since April 2013; biggest forM&S since October 2013.
** Next up 31.6 pct in last year with M&S broadly flat, down1.6 pct after today's falls.
** H&M & Inditex escape weakness on theday already having been hit last week after H&M issued astatement on warm weather hurting September sales. (RM: alasdair.pal.thomsonreuters.com@reuters.net)